The United States economy lost 36.000 nonfarm payrolls in February and unemployment rate held at 9.7 percent, according to the U.S. Bureau of Labor Statistics. Even though the economy is still losing jobs, the released figures were much better than many economists had expected and stocks, commodities and higher yielding currencies rallied in the news. The Federal Reserve is now expected to increase rates by nearly 75 bps, according to overnight index swaps which measure interest rate expectations for the next twelve months. Eventually, a widening of the interest rate differential between the United States and other countries will help the US dollar. I have been long USD/JPY for quite some time and I expect further dollar strength going forward.